Fangdd Network has entered into a securities purchase agreement for a $5 million registered direct offering, pricing 3,125,000 Class A ordinary shares at $1.60 per share (or $1.5994375 per pre-funded warrant). The offering is expected to close around October 7, 2024, subject to customary closing conditions.The company has engaged MM Global Securities, Inc. as its exclusive placement agent. The offering is being conducted through an effective shelf registration statement on Form F-3 previously filed with the SEC. The proceeds will be used for general corporate purposes.The securities will be offered through a written prospectus and prospectus supplement that form part of the registration statement. The company has filed the necessary documentation with the SEC, making the information available on the SEC's website.

Fangdd Network has entered into a securities purchase agreement for a $5 million registered direct offering, pricing 3,125,000 Class A ordinary shares at $1.60 per share (or $1.5994375 per pre-funded warrant). The offering is expected to close around October 7, 2024, subject to customary closing conditions.The company has engaged MM Global Securities, Inc. as its exclusive placement agent. The offering is being conducted through an effective shelf registration statement on Form F-3 previously filed with the SEC. The proceeds will be used for general corporate purposes.The securities will be offered through a written prospectus and prospectus supplement that form part of the registration statement. The company has filed the necessary documentation with the SEC, making the information available on the SEC's website.